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Highwoods Properties Inc. Message Board

  • hiw_watcher hiw_watcher Feb 4, 2003 1:22 PM Flag

    FYI: Dividend declaration

    Highwoods Declares Quarterly Dividends
    Tuesday January 28, 1:49 pm ET

    RALEIGH, N.C.--(BUSINESS WIRE)--Jan. 28, 2003--Highwoods Properties' (NYSE:HIW - News) Board of Directors today declared a cash dividend of $0.585 per share of common stock for the fourth quarter ended December 31, 2002, which equates to an annual dividend of $2.34 per share, and is payable on February 24, 2003, to shareholders of record as of February 10, 2003.

    The Board also declared a cash dividend of $21.5625 per share of Highwoods Properties Series A Cumulative Redeemable Preferred Stock. The dividend is payable on February 28, 2003, to shareholders of record as of February 17, 2003.

    The Board also declared a cash dividend of $0.50 per share of Highwoods Properties Series B Cumulative Redeemable Preferred Stock. The dividend is payable on March 17, 2003, to shareholders of record as of March 3, 2003.

    Additionally, the Board declared a cash dividend of $0.50 per Depositary Share each representing 1/10 of an 8 percent Series D Cumulative Redeemable Preferred Share. The dividend is payable on April 30, 2003, to shareholders of record as of April 1, 2003.

    Highwoods also announces that its Annual Meeting of Stockholders will be held on Monday, May 19, 2003 at 11:00 a.m. Eastern Time at the Marriott Raleigh Crabtree Valley, 4500 Marriott Drive, in Raleigh, North Carolina. The record date for the Annual Meeting of Stockholders is March 11, 2003.

 
HIW
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